Hotline: 1800 102 2007
Search Business Opportunities

MOEF+FICCI to jointly support SMEs

MOEF to partner with FICCI to set up a regulatory facilitation centre for the SMEs, to help them cope better with environmental norms and regulations.

A closed door interactive session was organized between the Minister of State for Environment and Forests, Jairam Ramesh and industry representatives, by the Federation of Indian Chambers and Commerce and Industry (FICCI) at Federation House, here today.

This came as a great opportunity for the industry as it created a platform for them to directly interact with the Minster and put forward their concerns. The Minster very sportingly accepted the proposal by FICCI, in coming up with a Facilitation centre based on the PPP (public Private partnership) model, with fifty percent share in equity as well. “There is already a joint ventures exiting between the Department of Industrial Policy and Promotion (DIPP) called the Investment Promotion Centre, and one relating to Intellectual property Rights is also underway. We are very much willing to set up a similar centre in joint venture with FICCI that will play an advisory role in providing the SMEs with information regarding environmental rules, regulations, standards and norms. The aim will be to help the small and medium industries comply with the environmental norms of the nation,” spoke Jairam Ramesh.

He further said that he would provide intellectual as well as financial support to this joint venture and suggested on working on a PPP model with fifty percent equity investment. He also agreed to meet the SME industry in a closed interactive session that will be organized quarterly staring this April, where he would like to interact with them and know more about the problems they are facing regarding environmental issues.

There were detailed discussion on issues concerning plastic waste management rules, and regulations regarding hazardous waste management. In the interactive session, the group also came upon discussing issues relating to conversation of waste into energy and municipal solid waste management schemes. But one suggestion that got a majority approval was need to introduce fiscal incentives as well as disincentives for relative industry performance. To this the Minster agreed and put forward the fact that he has already sent a proposal to the Finance Minister for the same.

The meeting was attended by industry representatives and moderated by Dr. Rajiv Kumar, Director General, FICCI, Harish Pati Singania, Past President, FICCI and Dr. Amit Mitra, Secretary General, FICCI were amongst the others who were present at the interactive session.

Related opportunities
  • Quick Service Restaurants
    Partner With Genuine Broaster Chicken: “Broasting®” is a unique cooking method..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Okhla New Delhi
  • Laziz opens 100+ Stores across India in 2017 LAZIZ  PIZZA ™..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolhapur Maharashtra
  • About Us: Mahindra First Choice Wheels Ltd (MFCWL) is a part..
    Locations looking for expansion Maharashtra
    Establishment year 1999
    Franchising Launch Date 2003
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai City Maharashtra
  • Cosmetics & Beauty Product Stores
    About Us:  Incorporated in 2010, at Mumbai (Maharashtra, India), we &ldquo..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts